Top Insurance Tips for Event Managers - Contractors Insurance Australia

October 29, 2015

Managing events is an incredibly fun and challenging role. There is however much to think about when it comes to the risks associated with event management. With events come large numbers of people and increased risks due to the equipment and circumstances out of your control. Here are some of our tops tips for event managers insurance so that you don’t miss a beat.

Cover all of your bases

Make sure you have everything covered before your event date. Here are some of the things you will need to consider insuring:

  • Attendees, staff, volunteers, performers, and touring parties
  • Large or small events – there is always risk
  • Equipment including sound and lighting, staging, hires, and marquees
  • Event cancellation due to weather or other factors

Ensure that you protect the equipment, the people, and the event itself and you will ensure that you have a trifecta of protection. You can do with insurance such as:

  • Public Liability Insurance – to protect yourself against third party claims of damage or injury
  • General Property Insurance – to protect against the cost of replacement of gear
  • Personal Accident and Illness – protect yourself if you can’t work due to illness or injury
  • Professional Indemnity Insurance – to protect against liabilities such as negligence or errors

Spotlight on Professional Indemnity

One of the most important parts of your event management insurance package should be Professional Indemnity Insurance. As an event manager you have a responsibility and a care of duty to your patrons and everyone behind the scenes that the event will run smoothly and without a hitch.
Professional Indemnity Insurance for event managers will help protect you from the claims associated with:

  • Negligence claims
  • Breach of duty of care
  • Acts, errors, or omissions resulting in a loss
  • Defamation cases
  • Libel or slander
  • Infringement of copyright or similar

Professional Indemnity Insurance will help protect your back pocket should someone claim against you. It will help with the reimbursement of your costs as well as that of your claimant including legal fees and the damages.
These types of claims can be very costly for an event manager, and running your own business often means cash flow is tight. Finding the funds to defend a claim can be difficult at the best of times, and having Professional Indemnity Insurance in place will help to protect your hard earned savings.

Protect your business

Insurance for event managers should include Professional Indemnity Insurance. Get online now to obtain a quote. Call us on 1300 GET COVER today, email at info@contractorcover.com.au or fill in our easy online quoter. All information provided above is of a general nature, if you need specific advice we recommend speaking to a broker.

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*Retail clients are individuals or those purchasing an insurance product for use in connection with a small business where the product is a designated retail product (eg motor vehicle, home buildings, home contents, personal and domestic property, sickness and accidental and travel insurance). All other clients are wholesale clients.

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